Latest Workers' Compensation Headlines
All the headlines from our Workers' Compensation Topic Page, ordered by recency.
AIA: Texas Legislative Session a Success; Next Meeting in 2007
Jun 9 2005 // The Texas Legislature adjourned sine die last week, and the American Insurance Association (AIA) is reportedly very pleased with the end results. “When legislators first convened in Austin in January, expectations...
Okla. DOL Wrestles with End of Workers’ Comp Non-Coverage Program
Jun 9 2005 // The Oklahoma Department of Labor reported it is trying to determine the extent of the impact of the Legislature’s decision to repeal two sections of Oklahoma law and abolish the Certificate of Non-Coverage (CNC)...
Nev. Legislature Wraps Up Session
Jun 9 2005 // The Nevada Legislature wrapped up its session this week, passing a number of insurance-related bills, but failed to take an opportunity to enact proposals that would have modernized Nevada’s regulation of insurance...
AIA Applauds Passage of Okla. Workers’ Comp Bill
Jun 8 2005 // In a significant victory for AIA and the business community, the Oklahoma legislature last Friday passed a comprehensive workers’ compensation reform bill (SB 1X). Passage came during a special legislative session...
R.I. Court Clears Way for Benefits to Nightclub Fire Victims’ Families
Jun 7 2005 // The Rhode Island Supreme Court has lifted a stay on the payment of about $180,000 in death benefits to the families of four employees killed in The Station nightclub fire. The owners of the club, Jeffrey and Michael...
Friedlander’s N.Y. United Restaurants’ Safety Group Pays 40% Dividend
Jun 7 2005 // The Friedlander Group Inc., the group manager for United Restaurants of New York Workers’ Compensation Safety Group #556, underwritten by the N.Y. State Insurance Fund, paid a 40 percent dividend to approximately 740...
Undercover on Underwriting: Spitzer Spills AIG’s Secrets in Civil Complaint
Jun 6 2005 // AG Targets Ex-Execs Greenberg and Smith; AIG Restates Financials; Is Settlement Next? From the 1980s until recently, insurance giant American International Group and its top executives “routinely engaged in...
WORKERS COMP RATES UP 3%:
Jun 6 2005 // Massachusetts Insurance Commissioner Julianne Bowler has approved a 3.0 percent overall average rate reduction in workers’ compensation rates, a savings of $32.6 million in premiums paid by employers. The new rates...
WORKERS’ COMP WRITERS SEEK 16% HIKE:
Jun 6 2005 // The New York Compensation Insurance Rating Board has submitted a filing for an average 16.1 percent rate increase effective Oct. 1, 2005. This filing came at the same time that the board withdrew its bid for a 9.5 percent...
Coins of the Realm
Jun 6 2005 // You’ve probably heard by now about what happened in Ohio. The administrator of the state’s Bureau of Workers’ Compensation, Robert Conrad, has resigned amid a scandal over hundreds of missing coins. But...
New PD Regs to Reduce Work Comp Rates
Jun 6 2005 // New permanent disability regulations will reduce the cost of workers’ compensation insurance pure premium rates by anywhere from three to 12 percent, said California Insurance Commissioner John Garamendi in a recent...
Contractor Sentenced in Comp Fraud Case
Jun 6 2005 // The owner of a Corona, California-based construction firm has begun serving a two-year jail sentence as part of his conviction on felony workers’ comp insurance fraud. Lawrence S. Hatfield, of Orange County, owner of...
News Briefs
Jun 6 2005 // MASSACHUSETTS Workers Comp Rates Up 3%: Massachusetts Insurance Commissioner Julianne Bowler has approved a 3.0 percent overall average rate reduction in workers’ compensation rates, a savings of $32.6 million in...
Undercover on Underwriting: Spitzer Spills AIG’s Secrets in Civil Complaint
Jun 6 2005 // AG Targets Ex-Execs Greenberg and Smith; AIG Restates Financials; Is Settlement Next? – Maurice “Hank” Greenberg, AIG CEO, 1992 From the 1980s until recently, insurance giant American International Group...
Editor’s Note: Coins of the Realm
Jun 6 2005 // You’ve probably heard by now about what happened in Ohio. The administrator of the state’s Bureau of Workers’ Compensation, Robert Conrad, has resigned amid a scandal over hundreds of missing coins. But...
Combined Independent Agencies
Jun 6 2005 // Alan Hardin, Jr. I realize John Allen is President of a PEO that provides workers’ compensation and that his view of non-subscription is the view of a competitor. That in no way, however, gives license to overlooking...
Texas Reaches Workers’ Comp Accord; Okla. Goes to Special Session
Jun 6 2005 // All spring, the Texas and Oklahoma Legislatures grappled with workers’ compensation reform legislation in their respective states. The two have many similar issues, including high insurance costs, low return-to-work...
Former California Broker Goes to Jail
Jun 6 2005 // Former Vallejo insurance broker Jimmie Earl Jackson, who pled guilty to felony grand theft in Solano County Superior Court May 5, was sentenced to 180 days in County Jail and ordered to serve three years of formal...
New PD Regs to Reduce Work Comp Rates
Jun 6 2005 // New permanent disability regulations will reduce the cost of workers’ compensation insurance pure premium rates by anywhere from three to 12 percent, said California Insurance Commissioner John Garamendi in a recent...
New PD Regs to Reduce Work Comp Rates
Jun 6 2005 // New permanent disability regulations will reduce the cost of workers’ compensation insurance pure premium rates by anywhere from three to 12 percent, said California Insurance Commissioner John Garamendi in a recent...
